Maduro Prediction Market Bets, Ripple Looks Beyond XRP | Bloomberg Crypto

Watch on YouTube ↗  |  January 07, 2026 at 15:25  |  22:50  |  Bloomberg Markets
Speakers
Monica Long — President, Ripple
Ian McGinley — Former Director of Enforcement, CFTC
Scarlet Fu — Anchor, Bloomberg Television
Tim Stenovec — Anchor/Co-Host, Bloomberg TV & Radio
Austin Carr — Reporter, Bloomberg

Summary

Bloomberg Crypto opens with a bitcoin and crypto market update, including Morgan Stanley's new bitcoin ETF filings and XRP's recent rebound. Ripple President Monica Long discusses the company's private-market strategy, stablecoin payments, acquisitions, banking charter plans, and crypto infrastructure trends. Former CFTC enforcement director Ian McGinley explains prediction market growth and legal risks, and Bloomberg's Austin Carr covers the rise in physical crypto attacks.

  • Bitcoin was lower on the day but up over the past five days; Morgan Stanley filed for bitcoin ETF products.
  • Ripple President Monica Long said stablecoin payments reached an inflection point and Ripple remains private with no IPO timeline.
  • Ripple is integrating four acquisitions, pursuing a federal bank charter, and expanding digital asset infrastructure.
  • Monica Long highlighted decentralized exchange momentum and crypto's vertical integration trend.
  • Ian McGinley discussed prediction market growth, insider-trading concerns, and sports-related legal risks.
  • He also noted the CFTC currently has one commissioner but retains a skilled staff.
  • Austin Carr described physical crypto attacks and limited recourse for victims.
Ideas
Scarlet Fu Anchor, Bloomberg Television 1:44
XRP rebounds as Ripple raises capital.
XRP has made a comeback in recent weeks to its highest level since mid-November as Ripple expands offerings. Ripple raised $500 million in early December, attracting major Wall Street investors including Citadel, which supports a constructive watch on XRP.
XRP MED
Monica Long President, Ripple 3:53
Stablecoin payments at adoption inflection.
Stablecoin payments hit an inflection point last year, driven by regulatory progress like the GENIUS Act and growing institutional demand. Ripple is building digital asset infrastructure, compliance licenses, and seeking a federal bank charter to manage its stablecoin to the highest regulatory standards, supporting continued adoption of stablecoin payments.
Stablecoin payments HIGH
Monica Long President, Ripple 9:53
DEXs gain momentum as liquidity venues.
Decentralized exchanges are building momentum as new venues of liquidity, and Ripple is excited about this trend because it plays into the strengths of its technology. Ripple views centralized exchanges as key partners and does not plan to acquire one, but sees DEX growth as a positive development.
Decentralized exchanges MED
Ian McGinley Former Director of Enforcement, CFTC 17:00
Prediction markets growth faces legal risk.
Prediction markets have seen tremendous growth and growing institutional interest, with clients asking to get involved and platforms becoming ubiquitous. However, sports-related contracts face legal nuance, state lawsuits, and possible Supreme Court review, making the sector a regulatory watch.
PREDICTION MARKETS MED
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This Bloomberg Markets video, published January 07, 2026, features Scarlet Fu, Monica Long, Ian McGinley discussing XRP, Stablecoin payments, Decentralized exchanges, PREDICTION MARKETS. 4 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Scarlet Fu, Monica Long, Ian McGinley  · Tickers: XRP, Stablecoin payments, Decentralized exchanges, PREDICTION MARKETS